Chandrasekaran also said the Tata group company has earmarked around Rs3, crore as capital expenditure for the next one year, to be financed by internal accruals.

Thu, Aug 24 Itel operates in the feature phone space at Rs, and entry smartphones priced at around Rs3, while Infinix will focus only on e-commerce. Read more Chinese phone maker Transsion Holdings eyes top three slots in Indian market Chinese mobile phone maker Transsion Holdings is eyeing the top three slots in the Indian market with its four brands—Tecno, Itel, Infinix and Spice—and start local manufacturing from next year across its brands as they pick up scale, reports ET.